Answer:
0.25
Explanation:
Given :
The the non defective cars =
We will consider all the defective only. This is only because the value of the used car is $ 2000 and it is lower than the price of a good car that is $10,000. Thus only defective cars are being sold as the old cars.
For a risk neutral customer, the price that he is ready to give for the new car is the reservation price of a non defective car. It means that (the amount of $ 8000 is the value of the good car x chances of getting a good car) +( the value of the bad car x chances of getting a bad car).
Since we know that x is the fraction of all the cars sold in the market are defective, it means that the fraction of the good cars is 1 - x. Thus putting the values,
= 0.25
Thus the value of :
Answer:
External failure costs
Explanation:
A recall of a process is determined as a recommendation for a good or service to be returned, exchanged or replaced after a retailer or consumption watch group uncovers deficiencies that could impede performance, cause frustration or cause producers legal problems.
Answer:
The correct answer is A. Define.
Explanation:
The flowchart (flowchart) is a tool used to represent the sequence and interaction of process activities through graphic symbols. The symbols provide a better visualization of the operation of the process, helping in its understanding and making the description of the process more visual and intuitive.
In process management, the tool aims to guarantee quality and increase worker productivity. This happens because the documentation of the flow of activities makes it possible to make improvements and clarifies the workflow itself.
because it provides monetary assistance to people with inadequate or no income and it provides benefits to retired people and those who are unemployed or disabled
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